WLD Price Prediction Jan 23: What’s Next for Worldcoin?

  • WLD soared by more than 20% in the past day, claiming a daily high of $2.30.
  • An analyst has given a target of $5.10 for the altcoin in the coming days.
  • Trump announced billions in funding via Stargate with one of the initial funders being OpenAI.

Worldcoin (WLD), the crypto project being developed by OpenAI, has jumped over 20% in the last 24 hours, breaking past the $2 mark as bullish momentum intensifies. Buyers now focus on driving the token toward a long-term target of $5, fueled by recent developments tied to the United States’ artificial intelligence (AI) push.

The surge follows President Donald Trump’s announcement of a new AI development initiative, Stargate, which promises billions in private investment. Trump revealed plans for the program on January 21, highlighting its potential to create over 100,000 jobs. Key backers include OpenAI, Oracle, and Softbank, positioning Stargate as a bridge between AI and blockchain innovations.

The announcement has boosted interest in blockchain projects like Worldcoin. Analysts believe the collaboration between AI-focused firms and blockchain technologies may have influenced WLD’s recent price action. Investors appear to view Stargate as a potential catalyst for projects at the intersection of these sectors.

Related: Worldcoin (WLD) Price Prediction 2025-2030: Will WLD Price Hit $10 Soon?

WLD Price Analysis: Resistance and Support Levels

Market analysts have turned bullish on WLD. At the time of writing, the token trades at $2.22, still 81.39% below its all-time high of $11.82, according to CoinMarketCap. Analysts highlight $3 as the next major resistance, with $5 as a longer-term target. Key support stands at $2, with $1.80 as a critical fallback zone.

Related: Bitcoin Volatility Spikes as Trump Skips Crypto in His First Actions

The chart provided by TradingView above confirms that the Relative Strength Index (RSI) for WLD reads a value of 49.92 which means that the bears and the bulls are involved in a tug-of-war for dominance. 

The gradient of the line suggests some back-and-forth movement above $2. On the other hand, the MACD indicator shows a bullish divergence with the MACD line (blue) traversing above the signal line (red). However, both the lines are very close so a reversal could surprise investors at any time.

The accumulation trend for WLD experienced a slowdown earlier this year but has recently gained traction, as shown in TradingView data. A steep gradient in the accumulation line signals increased investor appetite for WLD exposure, underscoring growing optimism in the token’s potential.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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